Avon Rubber (LON:AVON) Receives Buy Rating from Peel Hunt
Peel Hunt reissued their buy rating on shares of Avon Rubber (LON:AVON) in a report published on Monday, LSE.Co.UK reports. Peel Hunt currently has a GBX 1,850 ($24.17) price objective on the stock.
A number of other brokerages have also weighed in on AVON. Berenberg Bank raised their price target on shares of Avon Rubber from GBX 1,625 ($21.23) to GBX 1,800 ($23.52) and gave the company a buy rating in a report on Friday, August 16th. Peel Hunt reissued a buy rating and issued a GBX 1,850 ($24.17) price target (up previously from GBX 1,800 ($23.52)) on shares of Avon Rubber in a report on Monday.
Shares of Avon Rubber stock opened at GBX 1,724 ($22.53) on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.49 and a quick ratio of 1.79. The firm has a market cap of $534.84 million and a P/E ratio of 37.64. The firm has a 50 day simple moving average of GBX 1,648.25 and a 200 day simple moving average of GBX 1,418.43. Avon Rubber has a fifty-two week low of GBX 1,075 ($14.05) and a fifty-two week high of GBX 1,854 ($24.23).
Avon Rubber p.l.c. designs, manufactures, and sells chemical, biological, radiological, and nuclear respiratory protection systems for military, law enforcement, and fire markets worldwide. It operates in two segments, Avon Protection and milkrite | InterPuls. The company offers masks and filters with portfolio of respirators, filters, powered, and supplied air and long term pedigree for military contracting and supplying chain; escape hoods; underwater rebreathers; and thermal image camera technology and self-contained breathing apparatus, as well as accessories.
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